AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min snip
Weekly Recap: Recession? • Solvency Crisis • China Stimulus • Bull Market
Wealthion - Be Financially Resilient
Beware of Economic Shockwaves
High tariffs can create a significant negative shock to the economy, disproportionately affecting lower middle-income families without causing lasting inflation. While corporate tax cuts to 15% may harken back to early tax rates and be seen as a positive for growth and deregulation, raising corporate tax rates to over 40% risks dampening employment and wage growth by diminishing profits. Consequently, while tariffs may cause immediate but short-lived economic pain, increasing corporate tax rates could have more damaging long-term effects on economic competitiveness and overall growth.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode